“In Hong Kong, 55 per cent of adults are in the mass affluent category, typically defined as investible assets between US$100,000 and US$1 million,” he said in a Post interview. …
Manulife, the largest insurer in Canada and the largest pension provider in Hong Kong, will move to a new office in Macau in October to support its expansion in the …
That is higher than the pre-Covid levels. Mainlanders bought HK$12.8 billion of life and medical policies in the first quarter of 2019, representing 26.4 per cent of the total. HSBC …
“The launch of the eMPF Platform signifies the dawn of a new digital era for the MPF,” said Ayesha Macpherson Lau, chairwoman of the Mandatory Provident Fund Schemes Authority (MPFA) …
Hong Kong’s revamped investment-migration programme is paying off for insurers such as Prudential Hong Kong, which is planning to expand its product line to appeal to the wealthy would-be Hongkongers …
UK insurer Prudential reported a strong set of operating results for 2023 as the return of mainland Chinese visitors to Hong Kong boosted life insurance policy sales after the city …
Here is what you need to know about eMPF. What is eMPF? EMPF is a centralised electronic platform that aims to standardise and automate the administration processes of MPF schemes. …
Mainland Chinese clients are not the only ones turning to Hong Kong to buy insurance products, with HSBC Life reporting policy sales to customers from 46 other jurisdictions in the …
On a quarterly basis, sales from July to September to mainlanders stood at HK$15 billion, 33 per cent lower than the HK$22.28 billion in the second quarter but 56 per …